LPI - The Next Lithium Producer in Chile, page-1781

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bingbing

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06/10/22

18:28

Post #: 64069794
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Originally posted by FreeflyerNZ: ↑

The context of my email sent to LPI.

"Firstly, LPI talks about using solar renewable energy. - Is there any solar power long term purchase agreements in place?
- Where are you hoping to source solar power from?
- Would solar power reduce diesel costs of the salt removal plant?
If so, do you have a rough percentage of how much of a reduction?

Secondly, in terms of becoming carbon neutral the company has not given a time frame. Do you have an idea of what year you hope to achieve this? Or how many years into production you plan on reaching zerocarbon status?

Furthermore,
What environmental ESG credentials has LPI received that have independently been verified? Have ESG proposals been received and if so, when can we expect the results of LPI's carbon footprint metrics?

Lastly, in the June activities report 2021 - LPI states samples will be sent to GEA in France for battery grade purity tests.Have these samples been sent and have results been received? What was the reason for referencing the 2018 battery results of 99.5% instead of the 99.9% received that same year?"

I'm replying to Bingbing so you can see his comment above and where LPI would sit.

Bingbing used 18000m3 but doesnt include transport. Transport brings it 19080m3 x 2.64 ÷ 15,200t of LCE = 3.31. Approximately 15% higher then the average brine project judging by the graph.

I guess that's why..
We haven't heard anything from Deloitte appointed more than one year ago for ESG verification...
We haven't received carbon footprintpront metrics as these were also meant to be announced one year ago...

Requested that I contact the company to talk about the discrepencies in what LPI portrays on its website, compared to what is in the DFS. I did just that.

It has been 8 days and I havent received any feedback on the above.

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Will be interesting the hear their response but I don't think it really matters. It's still low carbon relative to hard rock and the economics are gold. Plus it can only get better if the become mains powered.

Doesn't effect the investment thesis at all.
T-22.

LPI Price at posting: 59.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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LPI - The Next Lithium Producer in Chile, page-1781

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